COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION


FISCAL NOTE


L.R. No.:         4437-01

Bill No.:          SB 957

Subject:           Business and Commerce; County Officials; Property, Real and Personal; Taxation and Revenue - Property

Type:              Original

Date:               January 31, 2008





 

Bill Summary:            Repeals the requirement that rental and leasing facilities provide personal property lists for certain property.



FISCAL SUMMARY


ESTIMATED NET EFFECT ON GENERAL REVENUE FUND

FUND AFFECTED

FY 2009

FY 2010

FY 2011

 

 

 

 

 

 

 

 

Total Estimated

Net Effect on

General Revenue

Fund

$0

$0

$0


ESTIMATED NET EFFECT ON OTHER STATE FUNDS

FUND AFFECTED

FY 2009

FY 2010

FY 2011

 

 

 

 

 

 

 

 

Total Estimated

Net Effect on Other

State Funds

$0

$0

$0


Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 4 pages.


ESTIMATED NET EFFECT ON FEDERAL FUNDS

FUND AFFECTED

FY 2009

FY 2010

FY 2011

 

 

 

 

 

 

 

 

Total Estimated

Net Effect on All

Federal Funds

$0

$0

$0



ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE)

FUND AFFECTED

FY 2009

FY 2010

FY 2011

 

 

 

 

 

 

 

 

Total Estimated

Net Effect on

FTE

0

0

0


Estimated Total Net Effect on All funds expected to exceed $100,000 savings or (cost).


Estimated Net Effect on General Revenue Fund expected to exceed $100,000 (cost).


ESTIMATED NET EFFECT ON LOCAL FUNDS

FUND AFFECTED

FY 2009

FY 2010

FY 2011

Local Government

$0

$0

$0








FISCAL ANALYSIS


ASSUMPTION


Officials from the Department of Economic Development, Department of Elementary and Secondary Education, Missouri Department of Transportation, Department of Revenue, St. Louis County, and City of Centralia assume the proposal will have no fiscal impact on their organizations.


Officials from the Cities of: Clayton, Columbia, Kansas City, Kirksville, Mexico, Rolla, Springfield, St. Louis City, and Warrensburg did not respond to our request for a statement of fiscal impact.


Officials from the Counties of: St. Charles, Cole, Boone, Clay, Cooper, Jefferson, and Sullivan did not respond to our request for a statement of fiscal impact.


Officials from the Public Schools for: Columbia, Kansas City, Mexico, Nixa, Sedalia, and St. Louis did not respond to our request for a statement of fiscal impact.


FISCAL IMPACT - State Government

FY 2009

(10 Mo.)

FY 2010

FY 2011

 

 

 

 

 

$0

$0

$0



FISCAL IMPACT - Local Government

FY 2009

(10 Mo.)

FY 2010

FY 2011

 

 

 

 

 

$0

$0

$0


FISCAL IMPACT - Small Business


The proposal may result in administrative savings to small business rental and leasing facilities.


FISCAL DESCRIPTION


The proposed legislation appears to have no fiscal impact.


This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.


SOURCES OF INFORMATION


Department of Economic Development

Department of Elementary and Secondary Education

Department of Revenue

Missouri Department of Transportation

St. Louis County

City of Centralia


NOT RESPONDING: Cities of: Clayton, Columbia, Kansas City, Kirksville, Mexico, Rolla, Springfield, St. Louis City, and Warrensburg; Counties of: St. Charles, Cole, Boone, Clay, Cooper, Jefferson, and Sullivan; Public Schools for: Columbia, Kansas City, Mexico, Nixa, Sedalia, and St. Louis






  


                                                                                                Mickey Wilson, CPA

                                                                                                Director

                                                                                                January 31, 2008